Gary Schmalzriedt, Chairman and CEO of ACE Overseas General (AOG), announced that Tomas Urbanec has been named as Executive Vice President, International Personal Lines. AOG is a financial reporting unit of ACE Limited, which comprises the Company’s international property casualty …
With the clock ticking down on 2003, it’s only natural to begin forecasting the key trends that will impact the insurance industry in 2004. Like Thanksgiving turkey that can be served many ways but never seems to be finished, many …
With the clock ticking down on 2003, it’s only natural to begin forecasting the key trends that will impact the insurance industry in 2004. Like Thanksgiving turkey that can be served many ways but never seems to be finished, many …
Despite the horrendous damage caused by the two bomb blasts that ripped through Istanbul last Thursday, killing 28 persons and injuring over 400, the insured losses are not expected to be excessively heavy. Roger Short, the British Consul General, was …
A.M. Best Co. announced that it has, affirmed the financial strength rating of B++ (Very Good) of Tunisia’s BEST Reinsurance (BEST Re), reflecting the company’s “improved level of consolidated risk-adjusted capitalisation, consistently profitable underwriting performance and a diversified spread of …
More than 100 people have reportedly died and many more are missing following the earthquake that struck a mountainous region of Eastern Turkey early Thursday morning. Rescue efforts were centered on a local school in the village of Celtiksuyu in …
As President Bush and his advisors made good on their defiant promise to act alone if necessary to get rid of Iraq’s tyrannical régime, the world heard echoes of Mark Antony’s cry of rage and revenge – “Cry ‘Havoc!’ and …
As President Bush and his advisers made good on their defiant promise to act alone if necessary to get rid of Iraq’s tyrannical régime, the world heard echoes of Mark Antony’s cry of rage and revenge, “Cry ‘Havoc!’ and let …
Germany’s Allianz AG, one of the largest providers of coverage to the European Community’s air carriers, has issued a statement indicating that, while it has no plans to cancel coverage on flights headed for the Middle East, its customers were …
Despite the onset of the long anticipated war with Iraq, there have as yet been no outright cancellations of coverage relating to the Persian Gulf Region. Many insurance companies, however, have warned that they will impose surcharges for airlines and …
